India and the emerging international economic order

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  • ‘The land of snake charmers, tigers, elephants’, ‘Buddha’s country’, ‘land of millionGods’… were epithets used to describe India not very long ago. The world’s perceptionof India has certainly changed drastically in recent years. ‘Silicon valley of the east’,‘cradle of software industry’, ‘the fastest-growing economy’, ‘charging elephant’, and‘the world’s outsourcing hub’ are titles now used for her. This change has been broughtabout over the last few decades by a change in Indians’ mindset.
  • India and the emerging international economic order

    1. 1. India and The EmergingInternational Economic Order Kalyan Kumar Komati 2012 85 031
    2. 2. Overview Introduction India and China Industrial Development Role in the new international order India and World Bank Conclusion 2 2012 85 031
    3. 3. Introduction India’s economic growth rate is second highest in the world GDP Growth  World – 4%  Developed Countries – 3.5%  India – 8.5% 3 2012 85 031
    4. 4. India and China India’s growth rate is about 2% lower than that of China China started its economic reforms in 1979 India started in 1991 amidst deep economic crisis The industrial production has been achieving high growth 4 2012 85 031
    5. 5. Industrial Development The industrial production has been achieving high growth Several companies from Europe and America are outsourcing their business through India 5 2012 85 031
    6. 6. Role in the new international order Member of G-20 Very serious about integrating with the rest of Asia, especially China, Korea and Japan India has moved up the Ranks but is still the poorest among the G-20 6 2012 85 031
    7. 7. India and World Bank One of the World Banks oldest members Joined the institution in 1944 Borrowed more money than any other single country There are currently 106 active projects in India Indias current debt to the Bank is about $34 billion dollars. 7 2012 85 031
    8. 8. Conclusion India needs to focus on alliances with all emerging economies, the oil producing nations of the Middle East, the energy producers in Central Asia, Korea and Japan.8 2012 85 031
    9. 9. References budget.myiris.com www.shareyouressays.com www.financialexpress.com 9 2012 85 031
    10. 10. 10 2012 85 031
    11. 11. 11 2012 85 031

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